KFS stock gains 0.6% despite Q1 earnings decline, revenue rose 8.4% on acquisitions

From Zacks Investment Research: 2025-05-13 13:40:00

Shares of Kingsway Financial Services Inc. (KFS) have gained 0.6% since reporting earnings for Q1 2025, outperforming the S&P 500. Revenue increased by 8.4% year-over-year to $28.3 million, but net loss widened to $3.1 million. KSX revenues rose 23.3% driven by acquisitions, while Extended Warranty segment revenues remained flat. Trailing 12-month run-rate adjusted EBITDA for operating companies is $18-19 million. Recent acquisitions have boosted growth in various segments. Despite no formal guidance, management is confident in earnings power. The company executed two acquisitions in early 2025 and appointed a new CEO for PWI and Penn Warranty.



Read more at Zacks Investment Research: KFS Stock Gains Despite Q1 Earnings Decline, Revenue Rises on Buyouts – May 13, 2025